11 Most Undervalued Growth Stocks to Buy According to Hedge Funds

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​6. Hewlett Packard Enterprise Company (NYSE:HPE)

Forward P/E Ratio: 13.26

Number of Hedge Fund Holders: 60

​Hewlett Packard Enterprise Company (NYSE:HPE) is one of the Most Undervalued Growth Stocks to Buy According to Hedge Funds. Wall Street has been bullish on Hewlett Packard Enterprise Company (NYSE:HPE) since the company released results from its fiscal third quarter for 2025.

​The company delivered $9.14 billion, up 18.50% year-over-year and ahead of expectations by $310.07 million. Moreover, the EPS of $0.44 also topped estimates by $0.02. Management noted that the revenue growth was driven by the acquisition of Juniper Networks. The company saw broad customer demand, with robust performance in the Server and Networking segments.

​Several analysts have reiterated their bullish sentiment. On September 5, Asiya Merchant from Citi raised the price target on Hewlett Packard Enterprise Company (NYSE:HPE) from $25 to $26, while reiterating a Buy rating on the stock. More recently, on September 9, Simon Leopold from Raymond James also reiterated a Buy rating on the stock with a price target of $30.

​Hewlett Packard Enterprise Company (NYSE:HPE) is a global edge-to-cloud technology company providing open and intelligent solutions as a service.

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